What the Royals can teach us about preparing heirs

The Royals may not be everyone’s cup of tea, but there’s a lot they can teach us about readying heirs for the future. Royalty have always taken a purposeful approach to preparing heirs and we encourage you to do the same. They know that all decisions have consequences. Their survival over hundreds of years is a testament to the truth of that lesson. Your family’s life may not be nearly as scrutinized as theirs, but there are aspects of their lives that you can relate to your own—just on a smaller scale.

For the Royals, every move matters because it could lead to the continuation or end of their reign. Who they marry is important. What they study is important. Where they spend their time is important. What they read is important, and who they decide to associate with is important. We would encourage you to be thoughtful and purposeful with respect to your future generations. Plant the seeds of financial literacy today so that your children and grandchildren can manage whatever life throws at them.

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Powerful Questions and Listening – the tools of succession planning

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Assets for Heirs or Heirs for Assets?